Common use of No Retroactive Application Clause in Contracts

No Retroactive Application. This Agreement, the Lease, the Indenture and the Trust Agreement each amend and restate the respective original agreements with no intention of retroactive application. The applicable original agreements have been restated for the convenience of the parties and such amendments and restatements are not intended to waive or modify the obligations of any party which accrued or were to have been performed on or prior to the Delivery Date under such unamended agreements (or, in the case of this Agreement, the effective date hereof) or to deprive any party of its rights and remedies in respect thereof and no provisions of such Original Agreements shall in any way affect or be binding on the Owner Trustee and the Owner Participant hereunder or under the other Operative Agreements except to the extent restated therein with respect to periods following the Delivery Date.

No Retroactive Application. This Agreement, the Lease, the Indenture and the Trust Agreement each amend and restate the respective original agreements with no intention of retroactive application. The applicable original agreements have been restated for the convenience of the parties and such amendments and restatements are not intended to waive or modify the obligations of any party which accrued or were to have been performed on or prior to the Delivery Date under such unamended agreements (or, in the case of this Agreement, the effective date hereof) or to deprive any party of its rights and remedies in respect thereof and no provisions of such Original Agreements shall in any way affect or be binding on the Owner Trustee and the Owner Participant Participants hereunder or under the other Operative Agreements except to the extent restated therein with respect to periods following the Delivery Date.